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Nov 30, 2012
11/12
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even at mitt romney denied that one. if republicans insist on spending cuts being part of the down payment, the onus is on them to come forward with ideas. containsdent's budget 300 billion in savings. it is silly to think the president will negotiate with himself on entitlements. we done that would not happen. we are waiting for specifics somewhere from republican colleagues to show they're serious on negotiations. >> three weeks ago people sent a message, democrats to our set candidates and built campaigns are run the idea of budgets have to work for middle-class. republican campaigns were clear, too. their commitment to protecting the rich, the ryan but it was on the ballot and it was rejected. the american people voted for candidates who committed to fighting for the middle-class. it was clear they agreed with democrats the what they have to participate and pay the fair share. it is finally encouraging to hear republicans are too soft and rhetoric when it comes to crashes on the rich. i am hopeful the to the a lesson
even at mitt romney denied that one. if republicans insist on spending cuts being part of the down payment, the onus is on them to come forward with ideas. containsdent's budget 300 billion in savings. it is silly to think the president will negotiate with himself on entitlements. we done that would not happen. we are waiting for specifics somewhere from republican colleagues to show they're serious on negotiations. >> three weeks ago people sent a message, democrats to our set candidates...
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Nov 29, 2012
11/12
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i understand mitt romney is coming to the white house for that lunch. i don't know, what is everybody expect to come from that? >> the president said the president wanted to talk to governor romney about ideas to make it more efficient. praising the management of the 2002 olympics, said he did a good job there. governor romney is one that raised the ideas happen deductions for tax for people to come up with as far as tax reform, come up with more tax revenue. melissa: thank you so much for your input, peter barnes. lori: what is on the menu? got to give a shout out. there is another battle brewing over the fiscal cliff, instead congress and the white house, this one happening on twitter. melissa: dennis kneale is covering the story with the latest. i love this one. >> the obama administration renowned for the use of social networks but this time maybe it outdid itself. the president urging americans to tweet their support for using the hash tag mo farah, as in my $2000, raised taxes on somebody else. now my2k has become a way to trash obama and cheering
i understand mitt romney is coming to the white house for that lunch. i don't know, what is everybody expect to come from that? >> the president said the president wanted to talk to governor romney about ideas to make it more efficient. praising the management of the 2002 olympics, said he did a good job there. governor romney is one that raised the ideas happen deductions for tax for people to come up with as far as tax reform, come up with more tax revenue. melissa: thank you so much...
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Nov 30, 2012
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a source tells cnn there was no talk of a possible role for romney in the obama administration. >>> the supreme court may decide as early as today if it will tackle same-sex marriage. the justices will consider requests to review cases that challenge doma, the defense of marriage act, as a violation of the constitution's equal protection marriage. also on the table potentially, they're considering a challenge to prop 8, that is california's ban on same-sex marriage which voters narrowly approved back in 2008. >> this is a huge move by the court today to find out what they're going to do. >>> an update on the health of former president george h.w. bush. he's in stable condition at a houston hospital. he was admitted a week ago and is being treated for bronchitis. his office says the former president is expected to be released in the next few days. the former president is 88 years old. he is now our oldest living former president. >>> major question this morning, about the stalled middle east peace process. what happens now? the palestinian authority, they did receive a giant endorsement
a source tells cnn there was no talk of a possible role for romney in the obama administration. >>> the supreme court may decide as early as today if it will tackle same-sex marriage. the justices will consider requests to review cases that challenge doma, the defense of marriage act, as a violation of the constitution's equal protection marriage. also on the table potentially, they're considering a challenge to prop 8, that is california's ban on same-sex marriage which voters...
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Nov 30, 2012
11/12
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thing, we're just going do it with closing exemptions or eliminates exemptions and that is what mitt romney ran on. i think barack obama is showing a different side of negotiation than he has in the past. he has been criticized by many, including me on occasion for give ago way the store. >> from his left. >> from his left. i mean but on his health-care bill, brought in farm aid, brought in all the drug companies and said okay, we're not going to invest with you. you support this. and gave away-- first the negotiations on the debt ceiling. the same thing, he was negotiating with medicare cuts right at the outset. and people say wait a minute, so here he comes in, he shows a little spine, a little steel, and this is what i said i was going to do, in the waive increases. they say wait, what about these medicare cuts. 9 only people that brought up medicare cuts were the republican was talked about obama was going to cut $716 billion so now we're in a situation where nobody wants his or her fingerprints on the medicare cuts. >> uh-huh. >> okay. the medicare cuts, i can assure you, and this is g
thing, we're just going do it with closing exemptions or eliminates exemptions and that is what mitt romney ran on. i think barack obama is showing a different side of negotiation than he has in the past. he has been criticized by many, including me on occasion for give ago way the store. >> from his left. >> from his left. i mean but on his health-care bill, brought in farm aid, brought in all the drug companies and said okay, we're not going to invest with you. you support this....
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Nov 29, 2012
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no press coverage at all, the president says he wants romney's input on the fiscal cliff. some think he might propose a republican compromise of sorts. we shall see. cheryl: it is time for your "west coast minute." an update to a story we brought you last week. the union walkout shut down most of los angeles and long beach ports yesterday. they handle 40% of the nations import trade. they handle the paperwork for the incoming and outgoing vessels, and job workers refused to cross picket lines in a sign of solidarity. if a deal in fiscal cliff is not reached, one in three jobless californians or 4000 people total could lose $450 per week in federal employment benefits that could be discontinued. also due to the high unemployment, debt and crime levels, california has been deemed the worst run state in the nation by 24/7 wall street, a financial news and opinion website. but the news is better in oregon, up north, medford oregon has been named the best housing market in the country. chosen based on data from case-shiller, economic and price data. santa fe, new mexico, the ne
no press coverage at all, the president says he wants romney's input on the fiscal cliff. some think he might propose a republican compromise of sorts. we shall see. cheryl: it is time for your "west coast minute." an update to a story we brought you last week. the union walkout shut down most of los angeles and long beach ports yesterday. they handle 40% of the nations import trade. they handle the paperwork for the incoming and outgoing vessels, and job workers refused to cross...
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Dec 2, 2012
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i think mitt romney, the analog to him is john kerry. he was a presentable, i think the other guys might not hate him type of former massachusetts -- >> went back into the senate afterward. >> the moment that he disappeared, that's the last you heard about john kerry from any democrat. he was like, enough, we're not going to do that again. there's a lot of republicans saying enough, we're not going do that again. the question is okay, what are you going to do that's different? from my perspective, i don't believe what a lot of democrats fear about republicans, is that they're going to do that it's very rare that you have people making a principal case for that. for the first time in a generation, there are some republicans who are actually making that case. >> i hope so. >> let me ask. there were two other things that came out. the idea of governors. in this country, we elect governors and senators and vice presidents as president, right? if you want to know who is in the running, you want to look at governors, senators and most specific
i think mitt romney, the analog to him is john kerry. he was a presentable, i think the other guys might not hate him type of former massachusetts -- >> went back into the senate afterward. >> the moment that he disappeared, that's the last you heard about john kerry from any democrat. he was like, enough, we're not going to do that again. there's a lot of republicans saying enough, we're not going do that again. the question is okay, what are you going to do that's different? from...
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Dec 1, 2012
12/12
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>> as romney said, we are in the content business in the thing about new technologies as it's always going to be starved for content. so it's an outlet for us and we see different viewing habits on different devices based on age and experience. so as ronnie says, it a symbiotic relationship. they were just certain issues they don't have in common. >> i guess one of the big industries out there and one of the things that accelerated some of these changes in social media, which is kind of where you live a lot of the time. again, covering politics come easy political campaigns competing as producers of content really was pete will like me in the news and folks like you in the entertainment business competing on the same screen for the same time an increasingly trying to produce high-quality content. sometimes it helps people out here. i guess i am interested in how that shifters social media, towards facebook and twitter has affected the marketing of everything you guys do it an interesting example of that. >> i try to address those questions. silicon valley, technology industry a platf
>> as romney said, we are in the content business in the thing about new technologies as it's always going to be starved for content. so it's an outlet for us and we see different viewing habits on different devices based on age and experience. so as ronnie says, it a symbiotic relationship. they were just certain issues they don't have in common. >> i guess one of the big industries out there and one of the things that accelerated some of these changes in social media, which is...
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Nov 28, 2012
11/12
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if romney chooses to help with this endeavor, he could make some difference. not a huge amount but some. >> thank you for joining us for the latest. new developments on the insider trading investigation surrounding s.a.c. capital. the firm hold be an investor call just a short time ago. kate? >> the headline coming out of this s.a.c. phone call this morning with investors which lasted about a half an hour was that s.a.c. has been informed by the s.e.c. by a wells notice that it may as a parent company face civil charges in connection with the latest case against former trader mathew martoma and subsidiary of s.a.c. that he worked for. it's a heads-up from s.e.c. enforcement staff that they are recommending that the s.e.c. as an agency file these charges against the firm. that won't be made official until the full s.e.c. commission votes on this and it's not clear how soon that may happen. a wells notice and charges that it often is followed by can be tough for a firm to handle. it's just a negative precedent for companies and has always been in the past. howev
if romney chooses to help with this endeavor, he could make some difference. not a huge amount but some. >> thank you for joining us for the latest. new developments on the insider trading investigation surrounding s.a.c. capital. the firm hold be an investor call just a short time ago. kate? >> the headline coming out of this s.a.c. phone call this morning with investors which lasted about a half an hour was that s.a.c. has been informed by the s.e.c. by a wells notice that it may...
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Nov 28, 2012
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as romney proved during the campaign, you can't do it just by doctoring up the tax code. that should be part of the deal. we need to have tax reform. we have to have the people who have done so well during this difficult time we have had with the economy. the richest of the rich will have to pay a little bit more to solve the financial problems we have in this country. [inaudible] >> good afternoon, everyone. as we head into the fiscal cliff negotiations, my advice to the president would be -- seems like our friends on the other side are having difficulty turning off the campaign. we need to sit down and work this matter out. i think we have a clear sense and opportunity here at the end of the year to do something important for the country. we all know that the most critical steps to be taken are to save the entitlements, which are on an unsustainable path to bankruptcy. there's no better time to begin to fix that problem than right now. so i would hope our friends on the other side can kind of turn off the campaign and get into a cooperative mode here to reach a conclusi
as romney proved during the campaign, you can't do it just by doctoring up the tax code. that should be part of the deal. we need to have tax reform. we have to have the people who have done so well during this difficult time we have had with the economy. the richest of the rich will have to pay a little bit more to solve the financial problems we have in this country. [inaudible] >> good afternoon, everyone. as we head into the fiscal cliff negotiations, my advice to the president would...
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Nov 29, 2012
11/12
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years, pre-tea party. >> let's stipulate romney was a bad candidate. how would you get a better one? >> there are 30 republican governors. 24 of them have republican legislatures which is what romney didn't have. he had 83% democratic legislature. he was a goalie. they just shot goals on him for four years and some of them went through and some of them didn't and he was a very good goalie but you can't turn around and announce, look at all the things i did in massachusetts and the democrats attacked him saying the massachusetts economy was bad. yeah, it was. high taxes and all these other things that he couldn't fix without legislature. i'm from massachusetts prior to emigrating to the united states. and -- [laughter] it's tough, it's tough to be governor there and show people what you've accomplished. now, if he'd been governor of one of those 24 states with a republican legislature, i mean, the governor of texas has been doing amazing things on tort reform, they're looking at school choice, half the kids in louisiana -- >> so you think rick perry's y
years, pre-tea party. >> let's stipulate romney was a bad candidate. how would you get a better one? >> there are 30 republican governors. 24 of them have republican legislatures which is what romney didn't have. he had 83% democratic legislature. he was a goalie. they just shot goals on him for four years and some of them went through and some of them didn't and he was a very good goalie but you can't turn around and announce, look at all the things i did in massachusetts and the...
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Dec 4, 2012
12/12
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the plan that the republicans offered, this is just the romney-ryan plan that the american voters said no to. other than destroying our earned benefit, i do not call them entitlements because we worked hard and we earned them. there are no specifics. what loopholes will they close? of course, they are going to punish the poor and middle- class. their plan still gives another huge tax cut to the 1%. people need to look at what happened to this country between fdr and nixon. look at what happened with the conservative takeover from nixon until now. host: we are going to have congressman tom cole from oklahoma who last week said in a closed-door meeting that they should agree with president obama and extend the tax cuts for middle-class americans and then fight later on for that tax cut for the wealthy. we will ask him about this latest proposal, the counterproposal from the house republicans. j.d. on twitter says -- on our republican , richard from colorado springs, colorado. caller: c-span could put on actual science. i think there is a lot of magical thinking on the part of democrats h
the plan that the republicans offered, this is just the romney-ryan plan that the american voters said no to. other than destroying our earned benefit, i do not call them entitlements because we worked hard and we earned them. there are no specifics. what loopholes will they close? of course, they are going to punish the poor and middle- class. their plan still gives another huge tax cut to the 1%. people need to look at what happened to this country between fdr and nixon. look at what happened...
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Nov 28, 2012
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he ran a romney is a bad person campaign not look at how wonderful i have gotten the american economy. >> if it is on c-span -- >> you say here's what we want to do. we just elected a house which ran on the ryan plan. >> you are saying these are the reforms that we want. >> the president sits there and says what, because he hasn't put anything on the table that passes the lap test, hasn't put spending restraint. crazy democratic leadership, which for two years kept all the democratic senators from voting on anything. i want them to vote on something between now and 2014 because then they aren't coming back. >> if you are john boehner, speaker boehner, your proposal is -- your bright line is what? >> first of all, you want to have this conversation in public and whatever happens, you want it online. that gives you the moral high ground and allows the american people to focus on this. >> wait, what you are saying right there is a path to a deal, you're not saying they should go over a political cliff. you're saying they should fight for the best deal they can get, but you're not advocat
he ran a romney is a bad person campaign not look at how wonderful i have gotten the american economy. >> if it is on c-span -- >> you say here's what we want to do. we just elected a house which ran on the ryan plan. >> you are saying these are the reforms that we want. >> the president sits there and says what, because he hasn't put anything on the table that passes the lap test, hasn't put spending restraint. crazy democratic leadership, which for two years kept all...
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Nov 30, 2012
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even mitt romney denied that one as the campaign went on. if republicans insist on spending cuts the on news is on them to come forward with some ideas t. president's budget continues over $300 billion in health savings. if they don't like that they should make a counter offer. we know that won't happen. we are waiting for some specific somewhere from our republican colleagues to show that they are serious on negotiations. >> three weeks ago the american people went to the polling places and they sent a message. democrats from president obama to our senate candidates on down built their campaigns around the idea that budgets have to work for our middle class and that the wealthy need to pay their fair share. republicans were clear too their to protect the wealthny and it was rejected. the american people voted for the candidates who committed to fighting for the middle class and in exit polls they agree that the wealthy have to participate and pay their fair share. here we are at the end of the year and it's encouraging to hear some of the r
even mitt romney denied that one as the campaign went on. if republicans insist on spending cuts the on news is on them to come forward with some ideas t. president's budget continues over $300 billion in health savings. if they don't like that they should make a counter offer. we know that won't happen. we are waiting for some specific somewhere from our republican colleagues to show that they are serious on negotiations. >> three weeks ago the american people went to the polling places...
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Nov 30, 2012
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. >>> mitt romney and president obama promising to stay in touch. the formal rivals spent an hour discussing ideas to. a source tells cnn there's no discussion for a roll for romney in the obama administration. just a civil lunch. >>> a truck goes into a bar -- no, this is not the set up to a joke, folks. take a look at the result. police say the driver of a snap-on tools truck lost control, knocked off a fire hydrant and crashed through a place called pete's cocktails. it left an 11-foot wide hole in the wall. you can see water rocketing into the air. the good news is everyone was okay. >>> after sandy, a stroke of luck for a man affected by the superstorm. joel was heading to work when he stopped to check his power ball ticket. he was one of 58 people who came up one number short of the big jackpot. >> put it in the machine. he said you're a winner. not only that, you won $1 million. >> several other lotto winners hit the $33 million megamillions. >> that's great. 38 minutes past the hour. >>> the cars of the future and we are getting a sneak peak
. >>> mitt romney and president obama promising to stay in touch. the formal rivals spent an hour discussing ideas to. a source tells cnn there's no discussion for a roll for romney in the obama administration. just a civil lunch. >>> a truck goes into a bar -- no, this is not the set up to a joke, folks. take a look at the result. police say the driver of a snap-on tools truck lost control, knocked off a fire hydrant and crashed through a place called pete's cocktails. it...
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Dec 4, 2012
12/12
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mitt romney had bain capital, but only president obama has anna wintour. this is a woman who was one of the president's most powerful boundlers of donations. she raised more than $500,000 toward president obama's re-election campaign. she held a $40,000 a plate dinner party at sarah jessica parker's townhouse in new york earlier in the fall. she later held lavish fund-raisers, star studded by the way, in london and paris. >> so she's raised all this money and done so much for the obamas, what is she saying? what is vogue saying about this? >> you know, vogue will only officially say that these are still rumors and that she's very happy in her current job. listen, i do know anna wintour a little bit, brooke. and i can tell you that there are people close to her in some circles who would be quite surprised. again, she's the most powerful person in fashion. some have suggested ambassadorial post is a lame duck position that after a couple of years you're out and then what? this is a woman who is a kingmaker in fashion as one publicist said, you can do it with
mitt romney had bain capital, but only president obama has anna wintour. this is a woman who was one of the president's most powerful boundlers of donations. she raised more than $500,000 toward president obama's re-election campaign. she held a $40,000 a plate dinner party at sarah jessica parker's townhouse in new york earlier in the fall. she later held lavish fund-raisers, star studded by the way, in london and paris. >> so she's raised all this money and done so much for the obamas,...
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Nov 29, 2012
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at the white house today, president obama will host mitt romney for a private lunch. it's their first meeting since the election. and this his victory speech, obama promised to engage with romney and consider his ideas. >> a lot of people didn't think the lunch would ever happen. >> interesting if he's going to be talking about ideas, mitt romney's idea had been to reach some sort of a cap on it 00 mem deductions. >> he would have just extended the bush tax cuts and then the other stuff would have been -- but if romney had been elected, whether bad long term to extend them, that's one thing, but he would have extended -- this is a weird argument to be having to have everything hinging on on the 2% that are -- suddenly as i've said before, suddenly everybody loves the bush tax cuts. so weird. >> flips the tables on who likes what. >> it all goes back to the line in the band. obama first time around caved and his base never for gave him for extending the bush tax cuts when he said he wouldn't. >> maybe the republicans should be reconsidering the tough line that they dre
at the white house today, president obama will host mitt romney for a private lunch. it's their first meeting since the election. and this his victory speech, obama promised to engage with romney and consider his ideas. >> a lot of people didn't think the lunch would ever happen. >> interesting if he's going to be talking about ideas, mitt romney's idea had been to reach some sort of a cap on it 00 mem deductions. >> he would have just extended the bush tax cuts and then the...
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Nov 28, 2012
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they're part of governor romney's 47%. they're the moochers. >> warren, if you -- i know you've said in the past that you agree with plans like simpson/bowles, you've gone along with those things. in those plans they take ordinary income and they tax capital gains and dividends at the same levels as ordinary income, they get rid of things like charitable deductions, you go along with all those parts of the plan? >> well, i go a long. i can go along with any number of plans that in general move up the revenue to 18.5% or so of gdp and move down expenses down to 21%. whether it's simpson/bowles, whether it's quick/kernan, you can come out -- >> you left out sorkin. >> well, i -- really, i -- there's all kinds of plans that generally make sense. and i think we'll come up with one. and one of the problems you have is i think you could have a majority of congress before a plan but the far left would not, you know, would have some bolts that didn't like it and the far right would have bolts that didn't like it. and if the leader
they're part of governor romney's 47%. they're the moochers. >> warren, if you -- i know you've said in the past that you agree with plans like simpson/bowles, you've gone along with those things. in those plans they take ordinary income and they tax capital gains and dividends at the same levels as ordinary income, they get rid of things like charitable deductions, you go along with all those parts of the plan? >> well, i go a long. i can go along with any number of plans that in...
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Nov 30, 2012
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hey, romney, what's up, man? hey, isn't it funny? you almost lived here. this was almost your place. just 3 million votes, you know what i mean? oh, you worked so hard for seven years and you were just about to go in and then you said sorry [ bleep ]. >> joining us now from boston, the moderator of "meet the press," david gregory. as we take a live look at the white house. >> did you see this? >> oh. >> david gregory, the guy that found you out in the streets in l.a. playing stickball and took you in and said kid, you can be a star one day, jeff zucker, right here. hired at cnn. that's exciting for jeff, isn't it? >> it is. it's cool. >> absolutely. absolutely. he'll do good things. >> that's all he has to say. that's all he's got to say. >> i think we're all thrilled for jeff. >> okay. that's all he's got to say. >> wow! >> he's a company man. he's a company man. >> all right. >> no, you know, he doesn't want to upset phil. you know, buddy, you can't talk about, you can't say. >> phil gets upset. >> he gets upset. >> he gets really hurt. he gets emotional
hey, romney, what's up, man? hey, isn't it funny? you almost lived here. this was almost your place. just 3 million votes, you know what i mean? oh, you worked so hard for seven years and you were just about to go in and then you said sorry [ bleep ]. >> joining us now from boston, the moderator of "meet the press," david gregory. as we take a live look at the white house. >> did you see this? >> oh. >> david gregory, the guy that found you out in the streets...
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the president meeting with mitt romney, although no press on that one. and we will also get some housing data coming up in about hal half an hour's time. the exchange is playing muse six in honor of this bank, which is being called america's most exciting bank. >> that's what they call themselves. and maybe that's why they have this music, because it's actually quite loud. >> let's see if they start dancing the executives. >> the race is on to see which bank is the most exciting in this country. >> a new trend here. >> in the meantime, here's the opening bell for a thursday morning. again brook shire -- nasdaq to the nyc and over at the daz damage, fran drescher, star of the sitcom, a great comedian. still responding to the news in the world of social media, whether it's living social and some reported layoffs or what andrew mason said about his tenure at groupon. >> to fire himself, he's not ready to fire himself. >> that was the first step i thought on the right path. i mean he just needs to go one step further, a la mark zuckerberg and go on a confere
the president meeting with mitt romney, although no press on that one. and we will also get some housing data coming up in about hal half an hour's time. the exchange is playing muse six in honor of this bank, which is being called america's most exciting bank. >> that's what they call themselves. and maybe that's why they have this music, because it's actually quite loud. >> let's see if they start dancing the executives. >> the race is on to see which bank is the most...
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Nov 28, 2012
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another campaign blast from the past if you will here at the white house tomorrow when republican mitt romney has been invited to have lunch with the president here at the white house. their first post-election meeting, jon. jon: wow! what is the latest from republicans on what the president has to say today? >> reporter: speaker john boehner just had a news conference on capitol hill and he expressed frustration because he is saying look, republicans put some tax revenues on the table but what they see the democratic side trying to pull entitlement reforms like medicare off the table. john boehner basically saying he thinks the spending situation is sort of a freight train that is coming at the nation right now. republicans senator mitch mism the leader in the senate -- mitch mcconnell blasted the president of saying he is doing is too much campaigning and not governing. take a listen. >> it is over. he won. congratulations. we have a hard deadline here however. and it is still, he is still out on the campaign trail, kind of celebrating. this is the problem. if the president really wants to
another campaign blast from the past if you will here at the white house tomorrow when republican mitt romney has been invited to have lunch with the president here at the white house. their first post-election meeting, jon. jon: wow! what is the latest from republicans on what the president has to say today? >> reporter: speaker john boehner just had a news conference on capitol hill and he expressed frustration because he is saying look, republicans put some tax revenues on the table...
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took 12 suburban milwaukee women, some of whom voted for the president, some of whom voted for mitt romney, and he asked them what they thought about the fiscal cliff. take a look. >> time to sharpen your pencils and get over yourselves. >> be realistic and stop being political. >> i think they're all -- because they're not getting together. don't be democrats, don't be republicans. they're american citizens. work together to get the work done. >> so that's the clear message, wolf. you understand there was a huge gender gap for democrats in this last elections. republicans have to look at that and say, okay, we have to get something done. but let me add this. when peter hart actually laid out on the table here are the choices you have to make on spending and here are the choices you have to make on taxes, they had a little bit more difficult time in deciding what to do. so they began to realize the extent of the difficulty in cutting any real deal. >> yeah. not belittling the difficulty. these are tough, tough issues. but the stakes are really, really important right now. there is a little
took 12 suburban milwaukee women, some of whom voted for the president, some of whom voted for mitt romney, and he asked them what they thought about the fiscal cliff. take a look. >> time to sharpen your pencils and get over yourselves. >> be realistic and stop being political. >> i think they're all -- because they're not getting together. don't be democrats, don't be republicans. they're american citizens. work together to get the work done. >> so that's the clear...
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Nov 30, 2012
11/12
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this is an idea mitt romney had on the campaign, this idea that you cap the value at $30,000, say. if you live in an area with low housing prices, that probably would not affect you. if you live at new york, san francisco where your mortgage is more expensive, it would be easier to bump up against what the deduction cap would be. you might not be itemizing your tax returns at the end of every year. host: next call is mike on the democrat's line. are you there? caller: i have a question for you. i heard president obama is making cuts to medicare if his plan goes through. he wants to cut $400 billion in entitlements. i collect ssdi. i am disabled. these $40 billion cuts in entitlements, are they going to affect ssi, ssdi? guest: we do not know what the administration is talking about yet. that offer came from the administration on the hill yesterday. it was not specific. $400 billion is what we are looking at in entitlement savings and we're not sure if it is ssdi or how beneficiaries would be affected. host: children make up a lot of these credits. which of these are affected by the
this is an idea mitt romney had on the campaign, this idea that you cap the value at $30,000, say. if you live in an area with low housing prices, that probably would not affect you. if you live at new york, san francisco where your mortgage is more expensive, it would be easier to bump up against what the deduction cap would be. you might not be itemizing your tax returns at the end of every year. host: next call is mike on the democrat's line. are you there? caller: i have a question for you....
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Dec 4, 2012
12/12
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if republicans do this, they might as well get mitt romney's 47% comments printed on t-shirts and wear them for the rest of their lives. so republicans have to realize that they are going to cave on tax rates. the only question is what they get in return. what they get should demand -- what they should demand is this, that the year 2013 will be spent putting together a pro-growth tax and entitlement reform package that will put this country on a sound financial footing through 2040. what's wrong with that? >> nothing's wrong with that. but can anybody do it? is the art of the deal dead in washington? that's the question. >> very good, mike barnicle. >> not to shock you, mika, i disagree. don't cave, compromise. and if not willing to compromise -- >> yes, that's the difference. >> if they're not willing to compromise, don't cave. >> republicans that won in their districts, landslides, they can stare down the president and just wait. don't wait, but do compromise. and there's no sense this president wants to compromise. and right now, there's no sense that republican leaders actually wan
if republicans do this, they might as well get mitt romney's 47% comments printed on t-shirts and wear them for the rest of their lives. so republicans have to realize that they are going to cave on tax rates. the only question is what they get in return. what they get should demand -- what they should demand is this, that the year 2013 will be spent putting together a pro-growth tax and entitlement reform package that will put this country on a sound financial footing through 2040. what's...
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Dec 4, 2012
12/12
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. >> and so would mitt romney. (vo) she's joy behar. >>and the best part is that current will let me say anything. what the hell were they thinking? jennifer speaks truth to power. >>the bottom line is we need an amendment. >>now it's your turn. connect with "the war room" jennifer granholm. >>it's a call to arms. make your voice heard. >> jennifer: when it comes to secretary of state hillary clinton there is no shortage of speculation or what is next for her career. a lot of democrats are hoping to see her make a presidential run in 2016, but it seems new york mayor michael bloomberg has a different idea. bloomberg called clinton and urged her to run for his job in in 2013 after she completes her tenure as secretary of state. should the big apple be secretary clinton's next gig? might be there a job for her there in four years. here after the moves of general petraeus we have karl frisch and donnie fowler. mayor clinton. >> mayor chelsey clinton. >> jennifer: you think hillary clinton would be interested in being mayor? >> no, as great
. >> and so would mitt romney. (vo) she's joy behar. >>and the best part is that current will let me say anything. what the hell were they thinking? jennifer speaks truth to power. >>the bottom line is we need an amendment. >>now it's your turn. connect with "the war room" jennifer granholm. >>it's a call to arms. make your voice heard. >> jennifer: when it comes to secretary of state hillary clinton there is no shortage of speculation or what is...